Unodax Introduces Crypto-to-crypro Trading Pairs
Unodax, India’s leading blockchain, and cryptoasset company are introducing 17 crypto-to-crypto trading pairs. As a trader, you may ask how should I buy cryptoasset in Unodax after the banks have stopped facilitating payments to cryptoasset exchanges in India. Unodax offers a solution through crypto to crypto pair trading.
Crypto-to-crypto trading pairs have a base coin and a quote coin.
Base Coin: The Base coin or base asset is the underlying asset used to buy other cryptoasset. The base coin is similar to INR, which you use to buy any cryptoasset in an exchange.
Example: Consider BCH/BTC
In the above crypto pair, BTC is the Base coin which you used to buy BCH.
Quote Coin: Quote coin is the Cryptoasset which you wish to buy.
Example: Consider BCH/BTC
In the above crypto pair, BCH is the Quote coin.
Unodax offers 17 crypto to crypto pairs for trading with 3 base coins. Below is a list of crypto pairs which is available to trade at Unodax.
Crypto to Crypto pairs
Base coin: BTC
BCH/BTC
ETH/BTC
LTC/BTC
XRP/BTC
BTG/BTC
GNT/BTC
CVC/BTC
ZRX/BTC
OMG/BTC
Base Coin: ETH
BCH/ETH
LTC/ETH
XRP/ETH
BTG/ETH
Base Coin: XRP
LTC/XRP
BTG/XRP
FUN/XRP
ZIL/XRP
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